Property Detail

Description

Prime investment opportunity in the heart of Los Angeles, centrally located near USC, Downtown Los Angeles, and major freeways including the 110 and 10. This 3-unit income property offers a compelling combination of upside potential and long-term value in a high-demand rental market. The front unit is a 2-bedroom/1-bath home with a dining area, offering a single-family feel, attached to two additional 2-bedroom/1-bath units. The property is gated with a front yard and includes off-street parking at the rear. Each unit has its own separate gas meter. All units are currently occupied with long-term tenants. Current rents are below market, providing a clear opportunity for future. The property has undergone recent repairs, including work addressing prior water intrusion and related remediation, and installation of a new water heater in one unit. Buyer to independently verify scope and completion of all repairs. Some deferred maintenance remains and has been factored into the pricing. Property to be sold as-is. Buyer to verify all information including condition, income, zoning, and development potential. Located on an R4-zoned lot with a rear parking area that may offer additional development potential (buyer to verify with city). Ideal for investors.